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union-budget-2016
Press Release
Mar 8, 2016
India SMB's Hope the Tech-Heavy Budget Will Help Overcome Their Business Challenges, Says AMI
The Government of India's Union Budget 2016 has offered tax exemptions for small business units with a turnover of up to Rs 2 crore (up from the earlier exemption limit of 1 crore), which will act as a stimulus for these units to expand their business. In addition, to boost economic growth and employment a 100% deduction of profits for 3 out of 5 years for start-ups, for the period from April 2016 to March 2019 has also been announced;
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Press Release
Mar 7, 2016
Union Budget 2016-17 and Impact on Education Sector
In Union Budget 2016, Arun Jaitley, Hon'ble Finance Minister, took the challenge to stick to the fiscal deficit at 3.5% of Gross Domestic Product (GDP) for 2016-17, after achieving the 3.9% of GDP target in 2015-16.
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Press Release
Mar 2, 2016
Union Budget 2016: Relief to the Real Estate Sector: REITs and Home Buyers
First time home buyers happy after getting an additional tax exemption of INR 50,000 for housing loans upto INR 35 lacs. DDT hurdle removed for REIT's
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